Word: taxing
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...unresolved environmental risks and that has struggled for years to attract private capital. "The Department of Energy is putting taxpayers on the hook for bailing out costly and dangerous nuclear-reactor projects when the loans used to finance those projects default," said Ben Schreiber, the climate- and energy-tax analyst for the Friends of the Earth, in a statement. "This is great news for Wall Street but a bad deal for Main Street...
...problem: hordes of retiring baby-boomers, together with slumping tax revenues, have sent Social Security into the red several years earlier than expected. The current economic outlook puts the program’s solvency in jeopardy. So what does Congress do to save us from this impending disaster? The solution is obvious—pass a non-binding resolution...
...weeks of negotiations between Senators Max Baucus, a Montana Democrat, and Chuck Grassley, an Iowa Republican. And it was to more than a bit of confusion that Reid hours later threw out the deal, replacing it with a stripped down $15 billion bill that would only provide scaled-back tax credits and help for small businesses, highway construction and state and local governments. "What happened?" gasped a collectively taken-aback Washington...
...make a real break with the past, the Greek state must also go global, say business executives and business analysts. Athens needs to lure foreign investors aggressively, which means offering everything from tax breaks to helping investors navigate the bureaucracy associated with setting up shop. "We must transform Greece into a welcome place to do business," says Eurobank's deputy CEO Nikolaos Karamouzis. The potential for future investment - in tourism and renewable energy in particular - is promising. Wind-energy generation alone is expected to increase fivefold in the next decade. "The new Greek government seems determined to push the 'green...
...drew fire from lawmakers who say the plan does not seek to make a deep-enough dent in the soaring U.S. deficit, expected to hit a record $1.56 trillion this year. Obama blamed the shortfall in part on the "decade of profligacy" under his predecessor, including two wars and tax cuts for the wealthy. Propping up the fragile economy, he added, remains a top White House priority--and it's not cheap. While the proposed budget includes a three-year freeze on discretionary spending and other deficit-reduction measures, it also calls for such job-creation measures as tax breaks...